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WAVE vs. TSM
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

WAVE vs. TSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eco Wave Power Global AB (publ) (WAVE) and Taiwan Semiconductor Manufacturing Company Limited (TSM). The values are adjusted to include any dividend payments, if applicable.

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WAVE vs. TSM - Yearly Performance Comparison


2026 (YTD)20252024202320222021
WAVE
Eco Wave Power Global AB (publ)
7.89%-46.92%787.10%-58.34%-30.95%-60.27%
TSM
Taiwan Semiconductor Manufacturing Company Limited
11.52%55.91%92.58%42.33%-36.75%2.44%

Fundamentals

Market Cap

WAVE:

$36.79M

TSM:

$1.75T

EPS

WAVE:

-$0.63

TSM:

$332.18

PS Ratio

WAVE:

965.35

TSM:

0.46

PB Ratio

WAVE:

6.49

TSM:

0.32

Total Revenue (TTM)

WAVE:

$38.11K

TSM:

$3.82T

Gross Profit (TTM)

WAVE:

$22.06K

TSM:

$2.29T

EBITDA (TTM)

WAVE:

-$2.75M

TSM:

$2.90T

Returns By Period

In the year-to-date period, WAVE achieves a 7.89% return, which is significantly lower than TSM's 11.52% return.


WAVE

1D
9.57%
1M
26.25%
YTD
7.89%
6M
-26.32%
1Y
0.16%
3Y*
31.04%
5Y*
10Y*

TSM

1D
6.78%
1M
-9.52%
YTD
11.52%
6M
21.66%
1Y
106.05%
3Y*
56.00%
5Y*
24.08%
10Y*
32.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

WAVE vs. TSM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WAVE
WAVE Risk / Return Rank: 4242
Overall Rank
WAVE Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
WAVE Sortino Ratio Rank: 4545
Sortino Ratio Rank
WAVE Omega Ratio Rank: 4343
Omega Ratio Rank
WAVE Calmar Ratio Rank: 4141
Calmar Ratio Rank
WAVE Martin Ratio Rank: 4141
Martin Ratio Rank

TSM
TSM Risk / Return Rank: 9595
Overall Rank
TSM Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
TSM Sortino Ratio Rank: 9494
Sortino Ratio Rank
TSM Omega Ratio Rank: 9292
Omega Ratio Rank
TSM Calmar Ratio Rank: 9696
Calmar Ratio Rank
TSM Martin Ratio Rank: 9797
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WAVE vs. TSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eco Wave Power Global AB (publ) (WAVE) and Taiwan Semiconductor Manufacturing Company Limited (TSM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


WAVETSMDifference

Sharpe ratio

Return per unit of total volatility

0.00

2.76

-2.76

Sortino ratio

Return per unit of downside risk

0.61

3.33

-2.72

Omega ratio

Gain probability vs. loss probability

1.07

1.42

-0.35

Calmar ratio

Return relative to maximum drawdown

0.02

5.90

-5.88

Martin ratio

Return relative to average drawdown

0.03

20.02

-19.99

WAVE vs. TSM - Sharpe Ratio Comparison

The current WAVE Sharpe Ratio is 0.00, which is lower than the TSM Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of WAVE and TSM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


WAVETSMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.00

2.76

-2.76

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.66

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.96

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.08

0.35

-0.42

Correlation

The correlation between WAVE and TSM is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

WAVE vs. TSM - Dividend Comparison

WAVE has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 0.98%.


TTM20252024202320222021202020192018201720162015
WAVE
Eco Wave Power Global AB (publ)
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TSM
Taiwan Semiconductor Manufacturing Company Limited
0.98%1.00%1.18%1.78%2.49%1.57%1.56%3.46%3.64%2.32%2.61%2.54%

Drawdowns

WAVE vs. TSM - Drawdown Comparison

The maximum WAVE drawdown since its inception was -94.47%, which is greater than TSM's maximum drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for WAVE and TSM.


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Drawdown Indicators


WAVETSMDifference

Max Drawdown

Largest peak-to-trough decline

-94.47%

-89.08%

-5.39%

Max Drawdown (1Y)

Largest decline over 1 year

-52.58%

-18.14%

-34.44%

Max Drawdown (5Y)

Largest decline over 5 years

-56.47%

Max Drawdown (10Y)

Largest decline over 10 years

-56.47%

Current Drawdown

Current decline from peak

-66.47%

-12.59%

-53.88%

Average Drawdown

Average peak-to-trough decline

-72.73%

-43.13%

-29.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

26.89%

5.34%

+21.55%

Volatility

WAVE vs. TSM - Volatility Comparison

Eco Wave Power Global AB (publ) (WAVE) has a higher volatility of 28.56% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 14.44%. This indicates that WAVE's price experiences larger fluctuations and is considered to be riskier than TSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


WAVETSMDifference

Volatility (1M)

Calculated over the trailing 1-month period

28.56%

14.44%

+14.12%

Volatility (6M)

Calculated over the trailing 6-month period

46.23%

27.19%

+19.04%

Volatility (1Y)

Calculated over the trailing 1-year period

76.70%

38.60%

+38.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

144.87%

36.99%

+107.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

144.87%

33.85%

+111.02%

Financials

WAVE vs. TSM - Financials Comparison

This section allows you to compare key financial metrics between Eco Wave Power Global AB (publ) and Taiwan Semiconductor Manufacturing Company Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00B400.00B600.00B800.00B1.00TAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
38.11K
1.06T
(WAVE) Total Revenue
(TSM) Total Revenue
Values in USD except per share items